SCHEDULES

SCHEDULE 27 Minor and consequential amendments about railways

Railways Act 1993 (c.43)

I149

1

Schedule 11 (pensions) is amended as follows.

2

In paragraph 1(1) (interpretation), in paragraph (a) of the definition of “eligible persons”—

a

after “of the Board,” insert—

ia

the Authority or any subsidiary of the Authority,

and

b

for “franchise company” substitute “ body corporate which is, or is to be, the franchisee or the franchise operator under a franchise agreement ”.

3

In paragraphs 3(4) and 4(5), for “after consultation with” substitute “ with the consent of ”.

4

In paragraph 10(15), for “Board” (in both places) substitute “ Authority ”.

5

In paragraph 11(10), in the definition of “relevant employer” insert at the end—

d

the Authority; or

e

a wholly owned subsidiary of the Authority.